The Business Times, 27 November 1991

Total Pages: 50
1 50 The Business Times
  • 16 1 Business Times THE BUSINESS PAPER FOR S-E ASIA MCI fP) 16/12/90 Wednesday, November 27, 1991 75*
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  • NEWS SUMMARY
    • 42 1 VIENNA Saudi Arabia is working to raise its oil production capacity to 10 million barrels a day and secure the top spot as the world's biggest producer, Saudi oil minister Hisham Nazer indicated here yesterday.
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    • 48 1 JAKARTA Indonesia said yesterday that foreign donors reviewing aid policies after the army killing of civilians in East Timor had reacted too quickly. Foreign Minister Ali Alatas said the Netherlands was suspending aid until the outcome of an Indonesian government investigation.
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    • 47 1 THE BUSIEST people are the Hongkongers who work 2,375 hours per year, says a survey by a major Swiss bank. Close behind are Singaporeans who work more hours a year than people in Tokyo and take shorter annual holidays than the Japanese Page 2
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    • 26 1 REGIONAL and Western oil companies, encouraged by the Indian government's incentives, are expected to bid for a number of contracts. Page 3
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    • 33 1 THERE is a noticeable increase in the prices of imported clinker, the main raw material in cement production, which, warn analysts, could result in higher cement prices next year Page 4
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    • 29 1 THE shifting focus of NIEs and Japanese investors has left Thailand less attractive to foreign capital, says the latest Political Economic Risk Consultancy report Page 9
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    • 31 1 THE US must make a concerted effort to tackle structural flaws in its economy, says a report by the Organisation for Economic Cooperation and Development Page 11
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    • 23 1 THERE are mixed views on the legal acceptability of a document sent by facsimile transmission, or fax Page 15
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    • 31 1 SEVERAL positive developments in North Asia will ensure a "bright future" for cruising in South-east Asia, says the Senior Minister of State (Trade and Industry). Shipping Times Page 1
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  • MARKETS SUMMARY
    • 30 1 PRICES on Wall Street opened higher yesterday, with the Dow Jones Index of 30 leading industrials up 13.86 points to 2,915.92 in the first five minutes of trading.
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    • 28 1 LONDON share prices were higher at midday yesterday. At about 1225 GMT, the FTSE 100-Share Index was up 22.9 points, or 0.9 per cent at 2,479.1.
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    • 17 1 KANZEN Bhd. formerly Dreamland Holdings Bhd, plans to diversify further into metal-based industries PageS
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    • 20 1 COMPUTER Systems Advisers is seeking to extend its customer base in China through its Hongkong-based subsidiary PageS
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    • 26 1 INDONESIAN tycoon Liem Sioe Liong has embarked on a plan to make himself a major force in the Thai property market Page 6
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    • 30 1 THE Hongkong Futures Exchange will open its doors to "locals" from the region to improve price liquidity in the futures market, says its chief executive Page 8
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    • Article, Illustration
      29 1 1'nesday Change BT-MGA 704.06 +3.41 Kuala Lumpur ....537.07 -0.31 Tokyo 23.112.09 +243.40 Hongkong 4.202.10 -18.64 Sydney 1,613.6 -4.0 Monday Change New York 2,902.06 -0.67 London 2,456.22 +9.9
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    • 24 1 Exchange rates US$ S$ 1.6555 100 Yen S$ 1.2893 MS SS 0.6049 Money market rates Overnight 3 5/16% unch 3-month 3 6/16% -1/16
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    • 35 1 London Gold AM fis US$367.00 -USS1.40 Rutaor Spore Dec I3l.50«/kg -1.50 M'sia Dec 220.00«/kg -1.00 KL Tin Turnover 65 tonnes unch Spot MSl4.67/kg -0.03 Crude palm oM Turnover 1.206 lots +479 Feb MS893/tonne +14
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  • 546 1  -  Indonesia's Gadjah Tunggal to be the first to offer them By SN Vasuki SINGAPORE The Stock Exchange of Singapore (SES) has finalised plans to launch trading of depository receipts of regional securities on Clob International. Indonesian manufacturing firm PT Gadjah Tunggal will be the first
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  • 213 1 SINGAPORE Options trading will kick off next year with Singapore's blue chips such as Singapore Airlines, Fraser Neave and Keppel Corporation, brokers say. And, to prevent excessive speculation, the Stock Exchange of Singapore is unlikely to allow any option to be transacted
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  • 508 1  -  S'pore arm petitions for judicial management By Genevieve Cua SINGAPORE One of the world's largest lanolin producers, Yoshikawa Oil and Fat (YOil) of Japan, is seeking protection under Japanese bankruptcy laws. Its local arm, Yoshikawa Chemicals (YChem), has also filed a petition for judicial
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  • 316 1  -  By Selva Kumar SINGAPORE Officials from Singapore Airlines and their counterparts from Garuda Indonesia met for the first time on Monday to resolve Garuda's complaint that SIA is eating into its market share on the Singa-pore-Jakarta sector. An SIA spokesperson told BT
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  • 471 1  -  From Catherine Ong in HONGKONG A BOYCOTT called by US consumer and labour groups of made-in-China toys may severely hurt exports of more than US$2 billion (553.3 billion) by Hongkong toy manufacturers. The coast-to-coast "toycott" a boycott of made-in-China toys
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  • Page 1 Advertisements
    • 220 1 \cjf Boutique #02 57/58 Wisma Atria, Tel 235 5325 Corner Melwani The Men's Fashion Store #01 -18 International Building Tel 737 5342 Aircraft Schedule 31 Money Changer Rates 31 World News 11 Commodrties 30 Money Market 29 World Stock Markets 28 Company News 5.6,7 Regional News 9 For market indces,
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    • 112 1 AVAILABLE AT LEADING STORES OPTICAL SHOPS P T Gadjah likely to be listed on Clob by year-end, Pg3 PENTAX PERFECT PICTURES WITH PENTAX. The new Pentax Zoom 105R! I The Pentax Zoom 105R is on the winning Zoom Super, the European Compact Camera of the Year 199(1/91. Fabulous features include:
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  • PAGE 2 NEWS
    • 923 2  -  Swiss bank survey of 48 key cities shows busiest people are Hongkongers By Harish Mehta SINGAPORE Singaporeans work more hours per year than people in Tokyo and take shorter annual holidays than their Japanese counterparts, according to a survey by a major Swiss
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    • 549 2 AFP ABU DHABI Iran is setting up a large free trade zone in the Gulf which it hopes will bring back foreign investors it once expelled in a nationwide nationalisation drive. "Our objective is to turn Qishm Island into the largest free
      AFP  -  549 words
    • 389 3  -  Move will make Indon firm's depository receipts the first to be traded scripless By Magdalene Ng SINGAPORE Indonesian tyre maker P T Gadjah Tunggal is likely to be quoted on Clob International by the end of the
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    • 611 3  -  Profile of Gadjah Tunggal group By Magdalene Ng SINGAPORE The Gadjah Tunggal group of Indonesia is no stranger to Singapore. Its owners, the Nursalim family, has been here for a long time through their interest in Tuan Sing Holdings but the influence is rarely publicised. It
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    • 258 3 JAKARTA A senior Indonesian economist foresees a faster economic growth rate in 1992 as a result of the easing of the credit crunch and the consequent decline in bank interest rates, the Jakarta Post reported yesterday. Iwan Jaya Aziz of the faculty of
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    • 399 3  -  By Harish Mehta SINGAPORE Regional and Western oil companies want to explore in India and many of them are expected to bid for contracts in light of new incentives offered by the government. The chairman of India's Oil and Natural Gas Commission (ONGC),
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  • Page 2 Advertisements
    • 157 2 SEVEN PEOPLE VANISH INTO NOTHING. r Uln j,. I Space, as you well know, is nothing. However, when you surround it with a new Mitsubishi Spacewagon. you can transport up to 7 people (plus luggage) in comfort that leaves nothing to be desired. Along with such refinements as a 1.8
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  • Page 3 Advertisements
    • 267 3 ■BUSINESSMEN J Korean businessmen from Chungbuk Province (140 Km South of Seoul) m Bp will be in Singapore for a 4-day visit from Nov. 30 to Dec. 3,1991 as part 2 |P| of their business trip to Hong Kong, Thailand, Malaysia, Singapore and II! Indonesia. Ij§m The Business Group is
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    • 136 3 Authorised Dealers: All Watches Wisma Atria Asia Watch Parkway Parade Chew Cheong Watch Shaw Centre. Wisma Atria Grand Classic New Bridge Road International Watch People's Park Complex Leong Poh Kee Beach Road Nanking Watch Lucky Plaza. Peninsula Shopping Complex Pewter Time Telok Blangah Drive Royal Watch Lucky Plaza Sincere Watch
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  • SINGAPORE NEWS
    • NEWS ROUNDUP
      • 73 4 SINGAPORE Changi Airport was presented with the Best Airport in the World award at a ceremony in New York yesterday. Changi Airport won that award for the first time since Business Traveler International magazine was inaugurated in 1989. Previously, it was rated second
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      • 39 4 THE PEOPLE'S Association will hold its Awards Presentation and Community Leaders Get-Together tomorrow at the Kallang Theatre. The Prime Minister, Mr Goh Chok Tong, who is also chairman of the PA, will be guest of honour.
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      • 42 4 THE INDONESIAN and Singaporean armed forces are meeting and training together for a map-making exercise in Singapore. The four-day land exercise, which began two days ago, is the third in a series between the two armed forces since 1989.
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      • 63 4 THE Trade Development Board will hold two half-day seminars on the Development of Franchise for Exports, one tomorrow and another on December 18. Mr Tan Thuan Seng, managing director of Franchise Development Services Pte Ltd (FDS), and Mr Khoo Oon Theam, chief executive officer of
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      • 44 4 A NEW REFERENCE on paper currencies of Malaysia, Singapore and Brunei has been published by Taisei Stamps Coins. The book, Paper currencies of the Straits Settlements, Malaya, British North Borneo, Sarawak and Brunei, depicts more than 200 paper notes.
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    • 388 4  -  Supplies coming from Japan because of M'sian cement shortage By Colin Tan PRICES of imported clinker, the main raw material in cement production, have been showing an upward trend with analysts warning of possible cement price increases next year. The price of clinker
      Source: Keppel Securities Pte Ltd  -  388 words
    • 248 4  -  By Joseph Rajendran SURPRISINGLY, in an industry that is currently seeing layoffs and oversupply. a shortage has developed for certain types of computer disk drives. Local notebook manufacturers Pet Computers and Logicraft Products said that there was a shortage of the 3.5-inch
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    • 336 4 PERSONAL computer manufacturers have given a mixed reception to a 25 per cent price cut by major USbased player Compaq Computer Corp. Compaq, which makes desk-top PCs in Singapore, has cut prices on its most popular notebook models, with immediate effect. A Houston-made
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    • 272 4 HOUSING and Development Board residents can now expect one-stop service and prompt attention at all branch offices. And complaints will also be processed faster. The HDB's chief housing administrator, Lim Kok Leong, said yesterday that procedural and technological changes had been going on
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    • 182 4 GERMANY and Singapore's bid for closer cooperation in environmental matters got off to a concrete start yesterday with the establishment of a joint agency for training and education in environmental technology. Dr Klaus Toepfer, visiting German federal minister for environment, nature conservation and nuclear
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  • Page 4 Advertisements
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  • COMPANY NEWS 1
    • 551 5  -  By William Chia in KUALA LUMPUR KUALA LUMPUR Kanzen Bhd, formerly Dreamland Holdings Bhd, has mapped out a strategy of further horizontal and downstream diversification into metal-based industries to consolidate its recent venture into stainless steel manufacturing. The company was primarily a mattress and
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    • 305 5  -  By Claire Leow SINGAPORE Mainboard counter Computer Systems Advisers (CSA) through its Hongkong-based subsidiary plans to extend its customer base in China. In a telephone interview from Hongkong, Automated Systems (HK) Ltd executive director Peter C Kuo told BT that
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    • 173 5 SINGAPORE Singapore Aerospace (SAe) is joining forces with two other companies to form a venture aimed at tapping the lucrative aviation market in China. The Singapore aviation giant will hold a 40 per cent stake in the Singapore-based Asia Pacific Aviation Supplies
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    • COMPANY BRIEFS
      • 60 5 PROVISIONS Suppliers Corporation director Foo Der Rong has sold 30,000 shares in the company at $3.50 each, reducing his holding from 50,000 shares (or 0.85 per cent) to 20,000 shares (0.34 per cent). Another director, Chew Tuan Gee, has increased his stake by 10,000 shares, bringing
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      • 50 5 SINGAPORE Petroleum has renewed an agreement to process 6,500 barrels of crude oil a day for Kuwait Petroleum (Singapore), a subsidiary of the Kuwaiti state oil company. The one-year deal, from Oct 1, will enable the Kuwaitis to supply customers in the South-east Asian region.
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      • 70 5 YEO HIAP Seng shareholders have approved a rights issue of 46.16 million shares at $1.20 each, an increase in authorised share capital, amendments to the company's articles of association and a transferable subscription rights issue. The counter is also going scripless, under a time-table given in
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      • 61 5 SESDAQ-LISTED Pan Pacific Publications Ltd has identified pre-school teaching aids as a fast-growing market. Its subsidiary, Manhattan Press (S) Pte Ltd, has clinched a $1 million deal to co-publish such material with the Curriculum Development Institute of Singapore under the PREP banner. The
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    • COMPANY BRIEFS
      • 68 6 TOKYO Japanese construction firm Kajima Corp sees its parent current profit in the year to March 31, 1992 at 130 billion yen (551.56 billion), unchanged from its May forecast. It also maintained its May forecast for parent net profit at 62 billion
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      • 84 6 TOKYO Japanese tyremaker Bridgestone Corp said yesterday that it had started work on a Ms 24 million (5515.36 million) plant near Kuala Lumpur to make golf balls, tennis balls and other sporting goods. The new plant, located at Shah Alam, is expected to start producing
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      • 38 6 LONDON An English court has ruled bankrupt Asil Nadir, chairman of Polly Peck International pic, said solicitors acting for creditor Den Norske Bank, which brought the case and was supported by nine other banks.
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      • 46 6 BANGKOK A government committee approved, in principle, a draft contract with Chevron Corp-Texaco Inc joint venture Caltex Petroleum Corp for the construction of a 120,000 barrel per day oil refinery in south-eastern Thailand, a Cabinet minister sitting in the committee said.
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    • 339 6 Bernama PETALING JAYA The Sungei Way Group is adding more prime buildings to its portfolio, with a view to launching a property trust within two years, its chief executive officer Datuk Jeffrey Cheah Fook Ling said yesterday. He said that the
      Bernama  -  339 words
    • 350 6  -  By Lee Han Shih SINGAPORE A few months after gaining control of a listed company in Thailand, Indonesian tycoon Liem Sioe Liong has embarked on a plan to make himself a major force in the Thai property market. Reports from Bangkok say
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    • 232 6 Reuter TOKYO Group pre-tax profits at Toshiba Corp tumbled 59 per cent in the six months ended Sep 30, due to a strong yen, sluggish computer sales and weak demand for memory chips, the company announced yesterday. Toshiba posted group pretax profits of 62.20 billion
      Reuter  -  232 words
    • 277 6  -  By Harish Mehta SINGAPORE Castrol Vietnam Ltd has held a ground-breaking ceremony for its US$3.9 million (556.6 million) lubricant-blending plant at Cat Lai outside Ho Chi Minh City. The 25,000-tonne capacity plant is scheduled for completion in early 1993. Castrol Vietnam Ltd a
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    • 464 6 Possible move to diversify from gaming operations Bernama KUALA LUMPUR Tanjong Public Ltd Co, which is seeking a relisting on the Kuala Lumpur Stock Exchange, may diversify its business by adding sports equipment manufacturing to its range of activities. The new business would
      Bernama  -  464 words
    • 431 7 Reuter STOCKHOLM The two investment arms of Sweden's powerful Wallenberg industrial empire, Forvaltnings AB Providcntia and AB Investor, said on Monday they would merge. The move, announced as a way to attract foreign investment and boost share liquidity, will also help the Wallenberg
      Reuter  -  431 words
    • 367 7 FT PARIS Pinault, the French timber-to-furniture retailing group, is to take control of Au Printemps, the stores and mail order company. The deal values Au Printemps, whose elegant main store on the Boulevard Haussmann is one of Paris' leading tourist attractions, at
      FT  -  367 words
    • 281 7 Reuter DUESSELDORF Germany's second biggest retailer Kaufhof Holding AG will take a substantial stake in rival Horten AG in a further concentration of the country's retail sector. Kaufhof said in a statement on Monday that it would take a 15 per cent
      Reuter  -  281 words
    • 205 7 FT FRANKFURT BASF, Germany's largest chemicals company, has added to the gloom surrounding the chemicals sector as it announced a 32 per cent drop in its net profits for the third quarter. At 410 million Deutschemarks (***** million), down from 600 million marks a
      FT  -  205 words
    • 483 7 AFP LONDON Kevin and lan Maxwell, heirs to the media and publishing interests of the late Robert Maxwell, were awarded a month's breathing space by creditors on Monday, reducing fears that the family's empire was on the point of collapse. A group of 30 banks
      AFP  -  483 words
  • Page 5 Advertisements
    • 337 5 An invitation to children of expatriates and permanent residents in Singapore Come to the English College Open House on Saturday November 30th Commencing February 17th 1992 English College at Woodlands will offer Secondary (from Year 7) and Pre-University (South Australian Matric) programmes and from March 2nd 1992 First Year Undergraduate
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  • Page 6 Advertisements
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  • Page 7 Advertisements
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • 68 8 TOKYO Japanese banks are moving to set commission fees on domestic bonds through negotiation with each issuer to avoid criticism that the previous system inhibited flexibility and competition among banks, banking sources said. Banks used to set commission fees based on the issuer's credit-worthiness
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      • 66 8 NANTES, France French bank Paribas signed a contract here on Monday for the biggest French export credit in four years, amounting to 5.6 billion francs in a deal with Malaysian oil company Pctronas. The contract covers Petronas' purchase of five methane carriers built by Chantiers
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      • 76 8 HANOI Malaysia's Public Bank Bhd has become the second foreign bank licensed to operate commercially in Vietnam under a joint-venture agreement with the Vietnam Bank for Investment and Development. The joint venture, VID-Public Bank, is capitalised at US$lO million equally contributed by the two sides, the official
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      • 103 8 FRANKFURT German bank DG Bank said on Monday it would not be claiming compensation against French banks in a bond dealings row, ending a multi-billion dollar dispute which erupted almost two years ago. The new president, Bernd Thiemann, was delivering this message to the French
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    • 308 8  -  Asian futures conference By Chew Eng Han SINGAPORE The Hongkong Futures Exchange plans to open its doors to "locals" from the region in order to improve price liquidity in the futures market. These so-called locals individual professionals trading essentially for their own
      308 words
    • 381 8  -  By Quak Hiang Whai SINGAPORE Legislation to regulate Singapore's newly privatised commodity exchange will be ready for reading in Parliament next February, the Ministry of Trade and Industry disclosed yesterday. The RAS Commodity Exchange which will replace the current Rubber Association of Singapore and
      381 words
    • 155 8 Reuter WASHINGTON The US Congress introduced a Bill on Monday that would beef up the policing power of the Securities and Exchange Commission. The legislation would bolster the surveillance powers of the SEC through: The power to impose extra rccord-kccping and reporting requirements
      Reuter  -  155 words
    • 331 8  -  By Kooi Cho Teng SINGAPORE The PA Consulting group has secured a contract to restructure and modernise the payments and clearance system of the People's Bank of China. The lead company in an international consortium, PA will provide the overall project management, together
      331 words
    • 275 8 FT LONDON The Kuwait government has a plan to clear billions of dollars worth of bad debts from the emirate's six main commercial banks by buying them itself in return for an extraordinary sale of government bonds. The scheme, which bankers hope
      FT  -  275 words
  • Page 8 Advertisements
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    • 22 8 H universal COMPUTERS (PTE) LTD Showroom (if Factory: Block 1090 Lower Delta Road #02-03 to #02-07 Singapore 0316 Tel: 274-7122 Fax: 274-7133
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  • THE REGION
    • 548 9  -  Thais unlikely to regain top S-E Asian spot in near future: Perc By Said Abdullah SINGAPORE Thailand is unlikely to regain its status as South-east Asia's pre-emi-nent investment site soon, the Political Economic Risk Consultancy (Perc) says in its latest report. Insufficient infrastructure, increased
      548 words
    • 352 9 Reuter MANILA The International Monetary Fund (IMF), worried by the Philippines' budget deficit, has appealed to the country's legislators to pass new tax laws to meet revenue targets next year, senators said. IMF officials were set to conclude two-week talks
      Reuter  -  352 words
    • 318 9 AFP BANGKOK The leader of a Cambodian guerilla faction loyal to Prince Norodom Sihanouk has defended an alliance with its former foe, the Phnom Penh government, as a move that would guarantee "genuine peace" in Cambodia. The statement by Prince Norodom Ranariddh, the
      AFP  -  318 words
    • 310 9 BANGKOK Thailand could take off economically in five years' time when the installation of five million telephone lines is complete, says Bangkok Post quoting Telecommunications Association of Thailand (TCT) sec-retary-general Associate Professor Dr Kosol Petchsuwan. The paper said the current Anand administration
      310 words
    • NOTE BOOK
      • 75 9 TOKYO The Australian economy is beginning to come out of recession, but the recovery will be gradual. Reserve Bank of Australia (RBA) Governor Bernie Fraser said. Speaking at an economic conference here, Mr Fraser said the slow US economy, drought and debt will
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      • 64 9 SYDNEY An Australian architect unveiled plans yesterday for the world's first revolving office tower and said he would build it overseas unless Sydney agreed to put it next to the famous Harbour Bridge and Opera House. The radical design, one of a number of options
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      • 85 9 SYDNEY New polls show the popularity of Australia's opposition leader John Hewson has soared following his launch last week of a tax plan that would increase the price of goods and services by 15 per cent. A poll published yesterday in The Australian, suggests the
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      • 84 9 MEXICO CITY Indonesian President Suharto, currently on a three-day state visit here to promote bilateral ties, has urged Indonesian businessmen to follow up on his mission by looking for concrete steps to increase trade, investment and industrial cooperation with Mexican partners, the Jakarta Post reported.
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  • Page 9 Advertisements
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  • Page 10 Advertisements
    • 244 10 Merry Christmas to All and to All $700.' That's our way of thanking Singapore for making EXPRESSfreighter SM our biggest success ever. The introduction of Federal Express DC-10 EXPRESSfreiphter SM example, send a 20kg shipment, save $200. Send a 30kg shipment. which provides overnight service to over 58.000 destinations save
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  • THE WORLD
    • 421 11 Focus on medium term, suggests annual survey FT WASHINGTON US policymakers must turn their attention to the medium term, with a concerted effort to tackle structural flaws in their country's economy, the Organisation for Economic Cooperation and Development (OECD) has urged.
      FT  -  421 words
    • 287 11 Reuter MOSCOW Soviet President Mikhail Gorbachev has been dealt a new setback in his plans to create a confederal state and faces a fresh spiral of violence in the southern Transcaucasia region. He failed at a meeting outside Moscow on Monday to persuade
      Reuter  -  287 words
    • 458 11 AP LONDON Europe is poised to become the world's next great economic powerhouse by 1993, when 19 countries merge into one giant market-place from the Arctic Circle to the Mediterranean. However, the economic outlook right now is less than promising. In fact,
      AP  -  458 words
    • 288 11 NYT WASHINGTON Americans are reassessing George Bush's presidency and setting the stage for a competitive election next year because of a striking loss of confidence in his economic leadership, the latest nationwide New York Times/CBS News Poll shows. Only one in four
      NYT  -  288 words
  • Page 11 Advertisements
    • 720 11 ZhoJlong Export CommoditlM Fair to bo hold in Novombor In Slngaport Zhejiang Export Commodities Fair it to be held between 28 Nov and 2 Dec 1001 at Amara Hotel Singapore. Sponsored by Zhejiang Provincial Foreign Economic Relations and Trade Bureau and some import and export corporations, the (air is aimed
      720 words

  • 470 12 EDITORIAL SINGAPORE'S regulators have introduced some far-reaching measures to keep the Republic's burgeoning credit and charge card industry in check. And there are signs that regulators elsewhere in the world will soon do the same. The wheel has certainly turned full-circle. In the *****, it was
    470 words
  • WHAT THE OTHERS SAY
    • 322 12 THE Cold War years threw up a number of what may be called invisible powers. In North-east Asia, North Korea has been proceeding with its own ambitions for years under the cover of not-so-splen-did isolation. Even if it does not intend to use them, nuclear weapons
      322 words
    • 82 12 THOUGH many Singaporeans may soon pass the $30,000 minimum annual income level given the rapid increase in income level, the Monetary Authority of Singapore needs to monitor the creditcard situation. Our economy is more vulnerable compared to the US. The MAS has always adopt a cautious approach. While
      82 words
    • 133 12 IN the government's plan, by the year 1996, the four polytechnics will be able to take in 40 per cent of the total number of secondary school leavers. This will help ensure that higher education is not the privilege of the minority. The main objective of our education
      133 words
  • REGIONAL VIEWPOINTS
    • 122 12 IN OUR eyes the conditions of the Soviet economy today overlap those of Japan immediately after the end of World War 11. In those years mining and industrial output plummeted to the order of 20 per cent of the prewar level and agricultural output fell down
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    • 174 12 IF OUR reading of the latest developments are correct, it may be that at least a little light has appeared on the long road towards peace in the Middle East. Preparations are now underway to stage the second round of talks between Arabs and Israelis. A
      174 words
    • 172 12 IF neither side in the heated debate over the constitution backs down, the result may be a national confrontation and bloodshed. The National Peacekeeping Council and their opponents in the political parties and the pro-democracy movement have escalated their war of words and moves to a point where
      172 words
  • 787 12  -  Should the US government be reducing the supply of new bonds to the market and issuing shorter-term maturities? Kenneth Gilpin reports Kenneth Gilpin NYT WITH long-term interest rates seemingly stuck around 8 per cent, a longdormant debate has revived about whether the Treasury and
    NYT  -  787 words
  • Page 12 Advertisements
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  • Page 12 Miscellaneous
    • 48 12 DOONESBURY BY GARRY TRUDEAU w-jc UMT NOTsu&.iye uMT?ama uai.icvur TMUULL GOTANmmUJ ACTUALLY eXACWYSfif OH,YEAH? HeJUSTWANIS •ini* IUTHTHBVICE ASKBBPTD THAT THAT WHAT PIP TOTALKABOUT T ommjo PR&K&IT TALK TO yOU MAS lUHAT YOUSAffT OOU, StR UHATIF Win* I ABOUT KJM- THZMBW&V MAS ABOUT? I FPttZE 7 B&LJN 7 UASABCM^_^
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  • ANALYSIS
    • 1564 13  -  Lee Sheng-Yi discusses the European Monetary Union and its implications for international finance and Singapore Lee Sheng-Yi The writer is a lecturer at the Singapore Institute of Management and Associate Professor (retired) oj the Department of Economics and Statistics. National University oj Singapore THE movement towards European Monetary
      1,564 words
    • 648 13  -  Alan Riding reports that many Europeans have very little idea of what European unity entails Alan Riding NYT JUST two weeks before European Community leaders hold a crucial meeting to determine the region's economic and political future, many Europeans say they
      NYT  -  648 words
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    • 3420 14 213 Office Space 213 Office Space 213 Office Space 213 Office Space 213 Office Space 213 Office Space 213 Office Space 213 Office Space 213 Office Space 213 Office Space For Rent For Rent For Rent For Rent For Rent For Rent For Rent For Rent For Rent For Rent
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  • THE LAW PAGE
    • 844 15  -  Do documents sent by fax have legal effect? The courts have ruled that in some cases they do. David Gabriel reports on the evolving state of the law regarding this technology. David Gabriel THERE is uncertainty over the legal acceptability of a document sent
      844 words
    • 552 15 CASE, IVY TAY V. JOYCE TAY High Court of the Republic of Singapore, District Court Appeal No 26 of 1990: Judicial Commissioner Michael Hwang. A "friendly loan" made in 1972 became the issue in court after the death of the borrower.
      552 words
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    • 159 15 AS AUCTION LIKE NO OTHER THE PARDISAN ARTS mm?) (rtJJ Hlit dnnkinx hunt thr hoar n m thr form of Hnm thr At hmmtntd /Vnun hmptrr Sih 4th mtun m Genuine Persian Carpets, Rugs and Kilims in Silk Wool Artefacts and Handicrafts A Superb Collection of Isfahan Miniature Works, and
      159 words
    • 249 15 W&yl v MrJSis* $RS|J: x 4BMpjT' *y^ ™~-r J^?fg|HHHpSß«H^* i^fliVH9|^n^^^H|^Hn£§Pf' sn r jgp.? lr UMi^ fm ltfflr >' Tfi» T **T P** >-<' jfc 45 £B—— I wi -at jKfiW^B>~lBl JsSwfejjS6 S* jdm mKSJBm. U^lßs£ .JllllM ClilJlljg |yw.ir 1 1 Moorea Collection ASIA WATCH C ENTRE PTE LTD Parkway Parade
      249 words

  • SPORTS 1
    • 627 16 AP NEW YORK Monica Seles, who completed a nearperfect year with a victory in the season-ending Virginia Slims Championship, hopes 1992 can be even better. At 17, Seles is the youngest player in the professional era to be honoured as the World Champion
      AP  -  627 words
    • 534 17 SEA Games Reuter, AFP MANILA Singapore won its first gold when David Lim triumphed in the men's 100metre backstroke at the 16th South-east Asian Games yesterday. Host Philippines, pressed by Indonesia and Thailand, broke three swimming records and hung on to its lead
      Reuter,; AFP  -  534 words
    • 379 17 AFP MANILA Prince Haji Sufri Bolkiah of Brunei may be the richest player in the SEA Games, but like all trapshooters, he has to endure the heat and drizzle for a piece of gold he could very easily afford to buy. The younger brother of Sultan
      AFP  -  379 words
    • SIDE LINES
      • 94 17 SAN DIEGO Red Star '92, which has yet to finish its yacht, is the valid Russian challenger for the 1992 America's Cup, said the America's Cup Organising Committee on Monday. The decision ended weeks of confusion spawned when the original Red Star syndicate
        94 words
      • 52 17 LONDON The International Olympic Committee is examining the highly critical report on the business activities of former US Olympic Committee president Robert Helmick, said an lOC official on Monday. Helmick, who resigned his USOC post in September amid allegations of conflicts of interest, is a member of
        52 words
      • 85 17 CHESTER, England Spain's Carlos Sainz remained ahead of Finland's Juha Kankkunen, the man who wants his world crown, at the end of Monday's second day of the RAC Rally. Toyota Celica driver Sainz led the Lancia Delta Integrate of Kankkunen by 32 seconds as* the pair emeiged
        85 words
      • 67 17 PRESTON, England John Parrott took another step towards joining Steve Davis and Steve Hendry as the only player to hold the World and UK snooker titles at the same time. Parrott fired in breaks of 92, 81, 71, 63, 60 and 58 on his way to a
        67 words
  • Page 16 Advertisements
    • 140 16 AUSTRALIA Adelaide, S.A. Under Directors and Bankers instructions. jmII lal< II PI I 1 I 11 9 H| S H H i iw.v,!:'PHi^Bi''• v IB I I tl |bmm, pwgS j, Jm± ONCE ONLY INVESTMENT OPPORTUNnY. First class office tower recently constructed and situated in an absolutely prime location offering
      140 words
    • 82 16 4$ rfbg. i» jIK W &h- >^j^Mrk nf iv v i k\ CT". Br k* f i >1 A jffjUjßtß > awp' m 1 B if I fl 11 k m lfl 9 I I sPr I i mmmmmmm bbbbbbbbbbbbb BHBHHHBBHHHP I K MMMMdMMki m J r Ml 3fe?T^fe r
      82 words

  • Page 17 Advertisements
    • 46 17 pi I VBMT oWm fl ■■■■I %il| I I H II II f Hp; 't-l*' I I v I 11 pP%im I H| fl mam mv i 11 PREMIER pre j from I ohnnie Walker I I I For the man who makes his own rules.
      46 words
    • 39 17 The Asia Wall Street Journal is back on the street in Singapore A limited number of subscriptions are now available Save 47% off the newsstand price Please call: Changi International Distribution Svcs Pte Ltd Tel: 747-5353 Fax: 746-4853 J
      39 words

  • Page 18 Advertisements
    • 241 18 WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE -^vS{C■ %sTANTAUSING TREATS Don't miss our weekly specials in Tien Court. 04/11—10/11: Double Boiled Superior Shark's Fin $22.00 11/11—17/11: Steamed Sultan Fish $4.00 per 100 gm. 18/11—24/11: Braised Whole Abalone $12.00 25/11—01/12: Smalt Lobsters
      241 words
    • 405 18 Hyatt's Extraordinary European Extravaganza For October and November, spend $80 on a single bill in any one of our restaurants or bars and you could win you a prize worth over $20,000. This includes accommodation in Hyatt Hotels in London, Montreux and Madrid, Europass tickets and tickets to Les Miserables,
      405 words
    • 212 18 Sweet Temptations of lovely pastries and refreshing desserts, coupled with a cup of coffee or tea, make a perfect accompaniment for an afternoon tete-a-tete. From 3-5.30pm daily at S6.M++ per person. PLAZA HOTEL llNCAfOti Cafe Plaza Bearfi Road bmgapnr* 0718 2WKIOII I >', i* 1 *2 J s.y Cafe Aladdin's
      212 words
    • 225 18 V. l&Y HAVE A SLICE OF J BEAUJOLAIS i From Nov 21 30, Chef Claude Dailly from V 1 Macon, France will entice '/A with a cuisine created around the Beaujolais Nouveau M Bon Appetit (-Ms Ml ■§.-y H9H T .V:KS| 111 OrdunJ «oad lii«W rnn M 7174*11 Chefs Carve:
      225 words
  • Page 18 Miscellaneous
    • 781 18 TELEVISION AND RADIO "m mr "cnn ever a hilch develops when 6.45 With the Quran. BUSINESS (2K RXCNO; >&> /I T 1 T/\ 58C12 ::■■■•<■■ the surgeon Robin plans to 6.59 Prayer Call. Im/ I I 111 M\/ T| 1| l||\/fJ f impersonate suddenly 7.05 Cable News Network. X T
      781 words

  • LIFESTYLE
    • 686 19  -  Indonesian jazz gurus Bubi Chen and Maryono talk to Maggie Ford in Jakarta about the influences that shape their styles Maggie Ford WHEN Indonesia's first team of jazz musicians set forth to the Berlin international jazz festival in 1967, they were as babes in
      686 words
  • Page 19 Advertisements
    • 227 19 AND ENTERTAIN m**^ B Tuesday Chines* Savouries Thursday Indian Favourites Friday Italian Raptures Saturday Weekend Promotion Buffet as well) Different types of carvery and salad buffet lunch every day. 12 noon to 2.30 pm. $18.50++ per person. A For reservations, SInAaPORF please call 732-1222 ext 1594. i«n^«^£!^ TtHphona «65) 732
      227 words
    • 270 19 M, V Ygpm, T WBa A. Hi" Ml* Classical Japanese food Prepared In The True Kaiseki Style. Sorfu Set Lunch from«#jDo+ Tempura Chawanmushi Set Lunch at $30.00+ Yom Don't Ham ToBtA Member to Enjoy Fine Dmaig Nishiki Restaurant Marina Bay Golf it Country Club 6 Marina Green Singapore oioi For
      270 words

  • STOCK EXCHANGE OF SINGAPORE 1
    • 4103 20  -  By Schutz Lee SELECTIVE BUYING of blue-chip shares such as SI A, Cycle Carriage and Nat Steel boosted the key Straits Times Industrials Index by 8.58 points to close at 1,449.36 yesterday. The broader market, however, was generally quiet. Total turnover came
      4,103 words
    • Article, Illustration
      79 20  -  By Chew Eng Han Comment COUNTER is in the middle of an uptrend channel. Could try to return to the upper end of the channel in the next few weeks, but resistance at $4.404.50 is strong. A break above that would turn long-term outlook bullish. Failure to cross
      SOURCE: PONT DATA  -  79 words


  • 3406 22 YTL Corpn 50* 165 15 +100% Bouslead 50* 164 9 +5.8% Leader U 370 +8 +2.2% H Leong Credit 198 +6 +3.1% Alcorn 145 +5 +3.6% Magnum Corpn 550 5 0.9% GIL US$0.10 80 +-2 3 2% M Cement 50* 219 +4 +1.9% MAS 364
    3,406 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • 4805 23 Bernama SHARE PRICES in Kuala Lumpur ended mixed on cautious selling of component stocks with slight support coming in from selective bargain-hunting activity. In continued thin trading, the KLSE Composite Index slipped 0.31 point to 537.07 but the Industrial Index added 3.72 points
      Bernama  -  4,805 words

  • BT SHARE INFORMATION SERVICE
    • 271 24 Cifiny Oat* Year Graap Mat Nat aaraiags Grass am ta prafit/lass (L) par shara dhrMaad (•000) (caats) Burwiil Hldgs Nov 22 Jun 91 HK$32,llls($30,081) 69(8 65(70) Material H Nov 22 Jun 91 $1.357($498) 4.9(18) 7TE(5TE) Wing Ta. Nov 22 Jun 91 $9,726(19.380) 55(5 3) 16(16) Hemayan Nov 18
      271 words
    • 89 24 finMinr Date Ymr 6r*ap prt-tex ttet Mratags Grws mm te praM/teu (L) Hf «tar« 4M*mi ('MO) (cwts) Times Pub Nov 22 Ai« 91 $50,932(145,408) 29 5(23) 10(10) Ind (h«w No* 18 )un 91 M$34,844($24.335) 3.8(3.1) -(4.5a) PJ Dm Hkte No* 11 )un 91 M$527 ($1,6881) SPH No* 8
      89 words
    • 352 24 ti f -t Date Haif-yMr Gi-m* pre-tax toterim mm to prom/loss (L) JMM COM) J Cement Nov 25 Sep 91 $5,718(11.839) PeUngi Bhd Nov 25 Sep 91 MJ20,055 ($10,326) 6(-) MAS Nov 21 Sep 91 M$145,701($197.812) Malayawata Nov 20 Sep 91 M$25,836($26,388) 5TE(2 5TE) PMC Nov 20 Sep
      352 words
    • 1407 24 Nov 25 Juronf Cement is joining forces with two private companies Asia Insurance Co Group (AICG) and Tan Eng Sim Investment Holdings (Tesih) related to founder Tan Lark Sye to buy a large property in Australia. The three will buy into a newly-incorporated company called JAT Investment Pte
      1,407 words
    • 1706 24 Tram Itegittertd Sabstaatial Bay/ Ma. hmtmt SkarafcaMiNg Stock Date Haider SharaliaMer/Diractar Ml shares Before After SPC 25/11/91 DBS Nominees (Pte) Ltd Temasek Holdings (Pte) Ltd B 20.000 61.347 400 133.527.476 41.730 133.547,476 41 730 SPC 21/11/91 DBS Securities (S) Pte Ltd Temasek HoMings (Pte) Ltd S 1.000
      1,706 words
    • 761 24 Cwt—I Ei lulu Date Tatal far Tatal tar MSB 50c 121(b) Dec 30 Jan 14 Jan 21 12* 10% Amtok Ei« 20c 6%TE Dec 5 Dec 11 Dec 30 12*TE 12%TE M* Mp 50c 6%(b) Nov 21 Dec 5 Oec 24 6% 6% Barjaya Grm> 1% Oct 28
      761 words
    • 537 24 Mali BMri Last Ft* Ysar tapr Mted Dm 1m Net EPS frees Ntt mmmni m*| (cants) At pre* MM ywr (fOOO) M ft* Nov 6 Jul 91 3.0TE 17.8781 IR NMp Werw Nov 79 Mar 92 56 0 40 0 197.832 MtoNto Nm No. 29 Mar 92 11.0
      537 words
    • 93 24 Company Rights Issue H Ntfjri One tor-one <a. $2 75 per share b-date Nov 12 Books dose Nov 22 Acceptance t Payment NYA MBf France Two-tor three <g, MJ090 per share Ex-date Nov 1 Books dose Nov 18 Acceptance Payment Dec 27 Company Bonus Issue MBf Franc* One-tor
      93 words
    • 554 24 Company Rights Issue hit Pat land Four-for-seven MS050 per share Aianca Tadi One-for-one SI 00 per share Barjaya R<hts issue of S89m nominal amount 10% irredeemable Convertible Unsecured Loan Stocks (CUIS) on the bass of one for tour Baton Issue of J90 978m nominal amount of 35% Redeemable
      554 words
    • 232 24 Lingui Developments Bhd: 23rd AGM at the Orchid Room, Mezzanine Floor, Mefa Kuala Lumpur, 16, Jalan Imbi, ***** Kuala Lumpur on Wednesday, Nov 27, at 11am. Lin Kim Hai HokSngs (M) Bhd: 9th AGM at Holiday VMa Club, Subang Jaya. Selangor on Thursday, Nov 28, at 10.30 am.
      232 words
    • 78 24 Conversion Special Trdg Saripkss Conversion deadline Period Trading Company starts (IDP) (ST) starts H Negara Nov 25 Dec 12 Dec 3 Dec 12 Dec 13 HTPHUfs Sep 16 Oct 10 Sep 30 Oct 10 Oct 11 Miaebea Dec 16 Parkway Hldgs Oct 11 Nov 7 Oct 25 Nov
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    • 184 24 RECORD HIGHS LOWS BT Composite Index ST industrials Index 1991 l*t 1333 08 (3/6/91) }JJJ J* J 56 (3/6/91) 1991 Imt 1022.52 (16/1/91) JJJJ 5lL (16/1/91) 1990 htfc 1435 43 (16/7/90) JJg (27/3/90) 1990 tar 981.07 09/11/90) W" I 079 50 (11/10/90) 1909 htft *****0 (28/12/89) JJJ I 487 76
      184 words

  • STOCK EXCHANGE OF THAILAND
    • 2362 25 Reuter, UPI INVESTORS sold yesterday to take profit from Monday's price rises and trading was heavy on small issue groups. The SET index ended 4.39 points lower at 664.57 on turnover of 3.27 billion baht. Blue chips finished lower. Siam Cement fell four baht to
      Reuter,; UPI; SOURCE: PONT DATA  -  2,362 words
  • JAKARTA STOCK EXCHANGE
    • 1084 25 Reuter SHARE PRICES barely moved again in light trading yesterday and brokers said the current level was likely to be sustained for some time. "There'd have to be a change in fundamentals to move this market," one said, pointing to the tight monetary policy,
      Reuter  -  1,084 words
  • Page 25 Advertisements
    • 8 25 SINGAPORE BUSINESS A MONTHLY MAGAZINE OF BUSINESS TRENDS
      8 words
    • 241 25 El SEMINAR FOCUS Using Time-Based Competition to eliminate all unnecessary time in an WM operation PI The ability to respond fast and to serve customers in their time frame Eg Organise internal controls that are customer servino Eg Using time as a competitive weapon for growth and profitability E] POTENTIAL
      241 words

  • TOKYO STOCK EXCHANGE
    • 2635 26 Reuter TOKYO STOCKS yesterday staged a technical recovery after nine days of losses to close firmer but off their day's highs. Index-linked buying and bargain-hunting helped push up prices with a strong yen also supporting sentiment. But thin trading and a lack of fresh
      Reuter  -  2,635 words
  • STOCK EXCHANGE OF HONGKONG
    • 2544 26 Reuter HONGKONG stocks ended easier in subdued trading yesterday with most participants staying on the sidelines ahead of Washington's decision on possible trade sanctions against China. "Investors mainly squared their positions or held back from taking positions ahead of the (US Trade Law Special)
      Reuter  -  2,544 words

  • REGIONAL STOCK MARKETS
    • Australian market gets economic jitters
      • 801 27 INVESTORS pushed the Australian share market slightly lower in nervous trading amid ongoing concerns over the global economy and corporate earnings. Brokers said trading was mixed but quiet with investors floundering for leads after directionless trading in New York and London overnight, and in Japan yesterday. "The market is
        801 words
      • 548 27 PHILIPPINE share prices fell yesterday as investors worried about the effects on liquidity of Manila Electric Co's stock offering and Wall Street's shakiness. The Manila Stock Exchange composite index declined by 14.96 points to close at 1,090.07. Losers outnumbered gainers 29 to six. "Money is being siphoned a bit
        548 words
      • 497 27 THE Taiwan stock index reversed early gains to finish slightly lower on profittaking in the last half-hour. The weighted index lost five points to close at 4,529.62 compared with Monday's 4,534.62 finish. Turnover rose to an active NT527.6 billion from NTS 22 billion. Dealers said major players took profits
        497 words
      • 318 27 CARTER Holt Harvey (CHH) was again the prime mover on the New Zealand share market, rising six NZ cents to NZ$2.2B, as investors continued to rerate the stock after US firm International Paper (IP) took a 16 per cent stake last week. The NZSE-40 capital index gained 6.64
        318 words
      • 855 27 SEOUL STOCKS slumped in lacklustre trading yesterday as doubt spread about the chances of a rally ahead of January's J partial market liberalisation. "Some gains in the construction sector were eroded by strong selling later in the afternoon initiated by institutions," Coryo Securities analyst Jwa Yo-ahn said. "Hopes for
        855 words
      • 465 27 Close Previous No* 26 AUSTRALIA All Ordinaries Index 1.613.6 1,617.6 -4.0 All Industrials Index 2,531.3 2,540.1 -8.8 All Resources Index 914.4 914.9 -0.5 Turnover (million) 110.5 130 -19.5 NEW ZEALAND NZSfc-40 Capital 1,514 34 1.507.70 f6.64 MANILA Composite Index 1,090.07 1,105.03 -14.96 Turnover (million) 883.9 1.300 -416.1 TAIPEI Weighted Pnce
        465 words
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  • WORLD STOCK MARKETS
    • Wall Street stocks register slight losses
      • Article, Illustration
        1474 28 US STOCKS posted slim losses in quiet trading on Monday after recovering from an initial sell-off with the help of some computer-driven program buying and bargain hunting. The Dow Jones Industrial Average, which lost 29.96 to 2,902.73 on Friday its lowest level in three months «shed another 0.67
        1,474 words
      • Article, Illustration
        780 28 AN IMPROVEMENT in the standing of the pound and the trimming of early losses on Wall Street helped lift the London stock market on Monday to close slightly higher. The blue-chip Financial Times Stock Exchange 100-Share Index, which fell 17.1 points on Friday, was up 9.9 points to close
        780 words
      • 267 28 GERMAN SHARES eased 0.7 per cent in dull, low volume trading, with prices sliding in line with the lower trend in New York and Tokyo. Dealers said most investors were sidelined and selling volume was very thin. "The professionals were mostly trading among themselves," one trader said. "It was
        267 words
      • 151 28 FRENCH share prices ended just in positive territory on Monday after an uncertain first day of the last bourse account this year. Dealers said while economic signs are relentlessly bearish, there may be some operators who hope for a small rally before the New Year. Wall Street was slightly
        151 words
      • 165 28 ITALIAN SHARES traded by open outcry closed flat in thin trading on Monday, with attention of operators focused on the first day of screen trading of five blue chips. "Everyone's attention was on the screen market, which after a slow start seems to have gone smoothly," one broker said.
        165 words
      • 224 28 SWISS SHARES recovered some of their early losses, ending a mostly quiet session about one per cent lower. Dealers said uncertainty about where Wall Street was heading and higher money market rates depressed sentiment. The All-Share SPI Index closed down 10.5 points, or 0.99 per cent, at 1,046.7 after
        224 words
      • 237 28 DUTCH SHARES started weak behind a lower dollar and Wall Street's fall on Friday, rallied briefly in late morning, but sagged again to close one per cent lower in totally lethargic trade. The EOE Index lost 2.96 to 276.68, having been as low as 276.28 at one point. The
        237 words
      • 145 28 BELGIAN SHARES closed sharply lower on Monday as investors unloaded shares, fearing that long and strenuous coalition talks would lead to a deterioration of the Belgian economy. The BEL-20 Index of leading shares closed 25.93 points or 2.37 per cent lower at 1,070.05 points, fractionally above the late afternoon
        145 words
      • 322 28 GOLD SHARES closed sharply higher on the Johannesburg Stock Exchange on Monday, as the world bullion price traded steady at around US$36B an ounce, dealers said. The overall share index rose 0.4 per cent, or 14 points, to 3,539. The Industrial Index was six point up at 4,209, but
        322 words
      • 229 28 TORONTO STOCKS fell to session lows on Monday as few buyers emerged to counter profit-takers selling blue chips. Penny gold stocks, pushed higher by climbing bullion prices, dominated the most active list, dealers said. The TSE 300 Composite Index dropped 13.4 to 3,438.5. Declining issues led advances 248 to
        229 words
      • 53 28 PRICES on the Stockholm bourse re- covered some of the morning's steep losses, but closed broadly lower in slow trading on Monday. Dealers said Wall Street declines and market uncertainty over Skandia's future hampered buying interest. The bourse general index fell 1.06 per cent to 924.29 in turnover of
        53 words
      • 117 28 Nov 25 Close Previous NEW YORK Dow Jones 2.902.06 2,902.73 -0.67 S&P500 375.34 376.14 -0.80 Turnover (million) 175.9 188.3 -12.4 LONDON Financial Times 30 1,876.3 1,866.8 +9.5 KTSE 100 2,456.2 2,446.3 +9.9 Turnover (million) 416.4 526.1 -109.7 FRANKFURT DAX Index 1.589.16 1.600.26 -11.10 AMSTERDAM EOE Index 276.68 279.64 -2.96 PARIS
        117 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • 1180 29 REPORTS ASIA Tokyo: The US dollar was firmer against the yen, but easier against the mark in moderate late Asian trade. Dealers said mid-term US dollar sentiment remains bearish, but the US dollar was temporarily supported against the yen yesterday
      1,180 words
    • 387 29 Crass rales noy 26 USS SS MS Dm Yen SFr AS NZS USS 1.6580 2.7355 1.5890 128.10 0.5571 1.4130 1.2642 1.7621 SS 0.6031 1.6499 0.9584 77.2618 0.3360 0.8522 0.7625 1.0628 MS 0.3656 0.6100 0.5809 46.8287 0.2037 0.5165 0.4622 0.6442 Dm 0.6293 1.0434 1.7215 80.62 0.3506 0.8892 0.7956
      387 words
    • 530 29 Interbank rates S$ Bid Offer Overnight 3 5/16 3 7/16 1-month 3 5/16 3 7/16 2-month 3 3/8 3 1/2 3-month 3 3/8 3 1/2 Overnight mode: 3-3/8 LSS Bid Offer 7 days 4 7/8 5 1 month 4 3/4 4 7/8 2 months 5 5 1/8 3
      530 words
    • 522 29 Reuter PARIS A salvo of Bun-desbank-led central bank intervention took some of the pressure off sterling by the close, but economists and dealers said they expected strains to persist in the European Monetary System in the run-up to the Dec 9-10
      Reuter  -  522 words
    • 269 29 Reuter TOKYO Recent growth in Tokyo's currency options market is adding to volume and contributing to wider price fluctuations in the spot market, dealers said. Growing use of options has boosted spot trades in the relatively slow spot market, dealers added. The options growth
      Reuter  -  269 words
    • 1110 29 SjjjEX EURODOLLAR Open High Low Sett Est Vol Op/lnt Vol Dec 91 95.03 95.05 95.03 95.04 1800 ***** 1466 Mar 92 95.21 95.22 95.20 95.21 4100 ***** 3272 Jun 92 94.98 95.00 94.97 94.99 1950 ,9108 1468 Sep 92 94.70 94.72 94.70 94.71 1100 4014 910 Dec 92
      1,110 words
  • Page 29 Advertisements

  • COMMODITIES
    • 373 30 Reuter VIENNA Oil power house Saudi Arabia, heading for a clash with its Opec colleagues, has said the group might have to open its taps a bit wider to make sure the world's thirst for crude is met early next year.
      Reuter  -  373 words
    • 308 30 Reuter WASHINGTON Saudi Arabia has halted negotiations with the United States over providing oil for the US Strategic Petroleum Reserve, sources familiar with the talks said on Monday. Saudi Oil Minister Hisham Nazcr sent a letter to US Energy Secretary James
      Reuter  -  308 words
    • 812 30 REPORTS KL TIN TIN PRICE on the Kuala Lumpur Tin Market shed three sen to close at M$ 14.67 per kg on higher offerings yesterday. Dealers attributed the easier trend to the weakness on the London Metal Exchange which was
      812 words
  • 1410 30 Rubber NOV 26 MS (fcfc hi >■>»»> S cents/kg Noon Close Inl I RSS Prompt 132.75/133.75N 132.00/133.00N Int I RSS Dec 91 132.25/132.75 131 50/132.00 Int I RSS Jan 92 133.50/134.00 133.00/133.50 Int 2 RSS OP 130.25/132.25N l30.0Cm2.00N Int 3 RSS OP 128.00/129 OON I27.7VI28.75N Int 4 RSS OP
    1,410 words
  • Page 30 Advertisements
    • 962 30 BUSINESS TIMES TBLBPHONB: 730-5771/5772/5773 FAX: 734-4912 In the Matter of the Companies Act, Cap. SO And In the Matter of FKIKNDSHIP ENTERPRISE PTE LTD (In Members' Voluntary Liquidation) At an Extraordinary General Meeting of the abovenamed Company duly convened and held at 101 Upper Cross Street #81-65 People's Park Centre
      962 words
    • 881 30 IN THE MATTER OF THE COMPANIES ALT, CAP. 50 AND IN THE MATTER OF PSM PTE LTD (In Voluntary Liquidation) SPECIAL RESOLUTION PAS SEDON 25 NOVEMBER IWI At an Extraordinary General Meeting of the Company held at 27 Foch Road #05-01 Hoa Nam Building, Singapore 0820 on Monday. 25th day
      881 words
    • 7 30 Innovation and Technology in BT on Tuesday
      7 words

  • THE TRAVEL PAGE
    • 1112 31 c «y FUgtrt ETA FUgM ETD Mm Mafei GA895 1235 GA974 0001 2 GA886 0010 Mataida QF81 2010 SQ227 2115 QF82 2115 Amttordaa GA895 1235 GA974 0001 KL837 1340 SQ24 2215 AthMS 0A471 0015 0A472 2240 SQ35 1650 Auckland NZ21 1700 NZ22 1820 SQ388 2035 BaadarSari
      1,112 words
    • 623 31  -  LETTER FROM BAVARIA By James Henderson STAND in front of the palace of Herrenchiemsee in the Bavarian mountains south of Munich and you might think you were in Versailles, except that you are within sight of the Alps. The magnificent garden facade, a 100-metre sweep of
      623 words
    • 150 31 As at 3pm yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.3058 I.320S Canadian dollar 1.4440 1.4590 NZ dollar 0.9310 0.9610 Sterling pound 2.9620 2.9770 US dollar 1.6530 1.6630 Local dollars to 100 units of foreign curreno Austrian schilling 14.65 16.15
      150 words
    • 66 31 Duration Title Venue Organiser Tel Duration Title Venue Organiser Td Nov 24-29 The international Birmingham. The Building ********** Nov 26-29 International Netherlands Koninklijke ********** Building Britain Trades Exhibition Security Nederlandse Construction Ltd Exhibition Jaarbeurs Exhibition Nov 27-29 International Stockholm. Stockholsmassan ********** Nov 26-30 11 th National Milan
      66 words
  • Page 31 Advertisements
    • 16 31 Get the\tf&Aout of Europe every Sunday and Thursday. With Finnair's new schedule. Call *****77 for details.
      16 words
    • 26 31 For information on where to buy your copy of: Her World, Go, Singapore Business, Home Decor, Young Parents call our Customer Services Section on 749 2577
      26 words
    • 50 31 As Ken Jalleh Jr shows you a brilliant I SEAVIEW and Abdbul Shukor takes you to the I SEAFRONT j Plus: Regular columns SEASCENE, SEASCAPE and SEASIDE. B 3 in our exclusive coverage of B 2 the Manila SEA Games I H NEW, NEWS, NEWSY From lunch-time. Monday to Saturday.
      50 words
  • Page 31 Miscellaneous
    • 257 31 9 Lawrence admitting aircaused some JBB-— 12 Stood up for the emblem 13 Simpleton emerging from music takes first place 20 Bureaucrat is courteous to _JM_ domestic assistant (5,7) 28 I I I I I I 23 Disregard note in biblical 25 Mayfair politician is wet ■>« ci!wk, A l
      257 words
    • 163 31 Singapore Outlook: Showers over several areas in the afternoon. Report; Maximum temperature 30.5 .Assoc humidity 70% Minimum temperature 23.8 Assoc humidity 94% Hours of sunshine 1.65 Rainfall in mm 21.9 Rainfall this month 95.8 Rainy days this month 13 World forecast Asia-Pacific Hi/Lo* Cond. Auckland 20/12 Goudy Bangkok 32/22 Cloudy
      163 words
    • 35 31 the chpvP on THE skposebopißD the next door on the. Right is bristow, in* I pHC BuV'NG PePftRTMepT„ J FOR CHIEF cM iT^llUo^" 8567 A c ASSOCIATED NEWSPAPERS LTD. IM2-IMI I t"f» \Jfs tt f
      35 words

  • 461 32 Politicians, students split over continuing protest Reuter BANGKOK A popular campaign against Thailand's new draft constitution faltered yesterday as politicians and students divided on whether to continue opposing alleged military attempts to control politics. The Democrat Party, one of seven political parties joining
    Reuter  -  461 words
  • 277 32 AFP BANGKOK The Bank of Thailand plans to deregulate certain rules on foreign currency accounts in order to help stimulate foreign investment in Thailand, a central bank official said yesterday. The official said it was expected that the third round of foreign exchange
    AFP  -  277 words
  • 50 32 CLARK AIR BASK, Philippines A US Air Force honour guard lowering the LIS flag for the last time at a ceremony yesterday for the turning over of the base to the Philippines. About 1,000 people witnessed the event, which saw the flag handed to US envoy Frank Wisner.
    50 words
  • 294 32 Reuter WASHINGTON The United States has proposed to Israel and Syria that they begin discussing a deal under which the Israelis would withdraw from occupied Syrian territory on the Golan Heights in exchange for peace. Diplomatic sources told Reuters on Monday the idea
    Reuter  -  294 words
  • 127 32 Reuter TOKYO An anticipated recovery in the world economy is not happening and economic growth in 1992 will be disappointing, with this year being one of the worst since 1945, the World Bank s chief economist said on yesterday. Lawrence Summers, who is also vice-president of
    Reuter  -  127 words
  • 388 32 AFP TOKYO Japan's Foreign Ministry yesterday refused to deny that the government is considering a plan to support an East Asian trade grouping proposed by Malaysia as long as it is temporary and eventually phased out. "Many ideas are floating inside and outside the
    AFP  -  388 words
  • 314 32 AP TOKYO The Japanese government will establish an independent committee to guard against unfair trading practices in the country's scandal-ridden securities industry, a Finance Ministry official said yesterday. The ministry's plan called for a committee with three members and 80 administrative
    AP  -  314 words
  • 232 32 Reuter TOKYO Japan has offered no concrete measures to cut a soaring trade surplus during talks with the European Community and made new aid to the Soviet Union conditional on the return of four disputed islands, an EC spokesman said yesterday.
    Reuter  -  232 words
  • Page 32 Advertisements
    • 214 32 The Richness Of Leather Handmade To Perfection H pSKSS 5930 The new Peartcorder 5930 from Olympus is the world's first microcassette recorder equipped with an Auto date/time memory. By pressing the Date button, the current time and date of the recording is automatically recorded onto the tape itself. The Date/Time
      214 words
    • 8 32 Foreign investment still falling in Thailand, Pg 9
      8 words
    • 122 32 IN/HZDF^^E^ELZII —II The Richness Of Leather Handmade To Perfection Z— o^« MNGAFOtf: T»« CLASS •LuiW'W.tM UJ42U I• r«s TH 21SfcS2?'7»<8*Cw<»n""" TH 'MKMMd) IWnwb PW« IH II WW lira* I PjU* M Till JU S4l* *4*b~v M IMIMI h«« 1 A Wr« Mn» W 2 W-n* W >4MMI MALAYSIA T»# <
      122 words

  • Shipping Times
    • 453 33  -  Seatrade Asia Pacific Cruise Convention By Rahita Elias SINGAPORE Several positive developments in North Asia will ensure a "bright future" for cruising in South-east Asia, said Mr Lim Boon Heng, Senior Minister of State for the Ministry of Trade and Industry. In his speech
      453 words
    • 307 33 Reuter MT KISCO, New York Pan Am Corp has sold its New York to Miami commuter express service to TWA Airlines Inc for US$2B million (5546.5 million), TWA said on Monday. The sale, between two early industry leaders that have fallen on
      Reuter  -  307 words
    • 285 33 Reuter ST LOUIS The pilots union of Trans World Airlines Inc commended the US Senate for approving an amendment in its recently passed banking bill that keeps airline owner Carl Icahn responsible for pension liabilities. Mr Icahn is currently negotiating with TWA
      Reuter  -  285 words
    • 1260 33 Page Col i ABC Containerline 12 I Accord Group 8 1-3 Ahrenkiel Liner 16 4 Allied-Link 16 4/5 Anglo Orient 16 1/2 ANL 3 1/2 APL 5 3 A.P.C. Lines 13 5 A cWarehousing IS 4 Arrow Int 9 4 Asian Break-Bulk 16 2 ASXCLShpg 15 4
      1,260 words
    • 516 33 BANGKOK Si-Chang Thong Terminal Co's deep-sea project is being delayed by a land ownership dispute which awaits a Thai government committee ruling. The Sat ion reported on Friday. The firm on Thursday asserted its ownership of the beachfront site on Si Chang
      516 words
    • 183 33 Reuter SANGATTE, France France and Britain have signed a protocol on joint policing of the railway tunnel being built under the Channel to link the two countries by 1993. Eurotunnel, the Anglo-French consortium building the tunnel, said on Monday it was stili planning to
      Reuter  -  183 words
    • NEWS SUMMARY
      • 70 33 WITH a rapid series of acquisitions and alliances in Europe and North America, Alcatel Alsthom. a French company almost unknown in the United States, has surpassed AT&T to become the world's largest maker of telephone equipment. And now Pierre Suard, the company's chairman, is
        70 words
      • 36 33 ALMOST a year after launching its air service, Hanjin. the huge transportation conglomerate from South Korea, has started a twice-weekly shipping service to Australia, using Singapore as its transhipment point Back Page
        36 words
      • 38 33 SOUTH Korea's fledgling aerospace industry spread its wings on Monday with a maiden test flight of the Chang Gong (Blue Sky) 91, the country's first domestically designed and produced aeroplane Back Pa«e
        38 words
      • 33 33 HONGKONG'S Provisional Airport Authority needs more leeway from the government to ensure the multi-biUion-dollar project is commercially viable, said the authority's legal director, Geoffrey Lewis. Back Pate
        33 words
    • LOG BOOK
      • 134 34 LIMA Workers for Peru's state-owned port company Enapu went on strike to press for payment of back wages, a union spokesman said on Monday. Manuel Risso, a leader of the 4,000-member port workers union said workers had paralysed activity at 14 ports along
        134 words
      • 106 34 SYDNEY The Federal Airports Corporation (FAC) has issued US$l5O million (***** million) of its new July 1999 bonds, programme arranger Westpac Banking Corp said yesterday. A Westpac spokesman said the bonds, with a 10.5 per cent coupon, went at an average yield of 10.82 per
        106 words
      • 72 34 LONDON GPT on Monday said it has won an initial order from the Kuwait Ministry of Communications to supply 13,000 lines of System X digital public telephone exchange equipment and 200 pre-pay public payphones. Industry sources said the order is worth around £4 million (Ssl
        72 words
      • 96 34 MONTREAL Air Canada on Monday said its October traffic fell 12.5 per cent to 1.1 million revenue passenger miles from 1.3 million in same month the year before. Capacity for the month fell 15.4 per cent to 1.6 million available seat miles from 1.8 million
        96 words
      • 126 34 WILMINGTON, Delaware Continental Airlines Holdings Inc on Monday said it and its creditors committee jointly filed with a US bankruptcy court judge a motion requesting an extension until Feb 6, 1992 of the exclusivity period for it to file a reorganisation plan. "Unfortunately, some have been
        126 words
    • 1391 34 DRY CARGO freight rates on Monday continued to take support from recent US food credit allocations to the Soviet Union, brokers said. A slightly narrower supply of panamaxes was reflected in a five point rise in the Baltic Freight Index to 1,602. But some brokers expressed uncertainty after
      1,391 words
    • 1266 34  -  Now that French company Alcatel has overtaken AT&T as the world's number one maker of phones, it is eyeing its competitor's home ground, reports Jacques Neher Jacques Neher NYT WITH a rapid series of acquisitions and alliances in Europe and North America, Alcatel Alsthom,
      NYT  -  1,266 words
    • 220 34 FREIGHT rates continued to weaken over the past week in reaction to an excess number of vessels available for hire in the Atlantic, traders said. The Baltic International Freight Futures Exchange (BIFFEX)'s Baltic Freight Index dipped below the 1,600 mark for the first time since mid-October and finished
      220 words
    • 9708 42 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advanced dates are published for a maximum
      9,708 words
    • SHIPS IN PORT
      • 555 49 Berth km* Depart™ Vessel fry No Berth fcrM 0-ar*" MariM Terminal 1 j Sh* Maru 17 1 SO? 27 U/2300 29 ll/2300 utra Jay* *****1 M05 alo»*side 2711/0500 taya Bersama 1333 M04 alongside 2611/2300 ,uron 8 Mahhota Exp *****1 M03 alongside 2611/2300 No 1 Pow 12 alongside
        555 words
      • 230 49 .a HHHH 6 rOfl Berth: 1: Bunga Mas; 2: Yu Ying; 3: nil; 4: Bangkok Navee; 5: AB1 Sushima; 6: Singapore Bridge. 01 jetty: Krsogawa, Subur. DCj; 6az Pacific. 0m or Nov 26: Maritime Pride, Global Venus, Barge Kuala Sak, Yan An Wu Hao, Caty, Kakuho Maru,
        230 words
      • 952 49 RECEIVING OF EXPORT FCl CONTAINERS AND LCL CARGO 1- Record Bookint/Batonce Rsfts Sty Voy No Etb/Btr Period From To From ACX Jade 60A 27/1830 1 26/1500 26/1659 26/1900 An Adetade ***** 28/1200 I 26/1500 26/1659 26/1900 2 26/1700 27/0659 27/0900 4 27/1200 27/1459 27/1700 Aanapwna 197 29/0100 4
        952 words
    • 433 50  -  From Florence Chong in SEOUL ALMOST a year after launching its air service, Hanjin, the huge transportation conglomerate from South Korea, has started a twice-weekly shipping service to Australia, using Singapore as its transhipment point. Hanjin Shipping is running the service with
      433 words
    • 282 50 Reuter SEOUL South Korea's fledgling aerospace industry spread its wings on Monday with a maiden test flight of the Chang Gong (Blue Sky) 91, the country's first domestically designed and produced aeroplane. The five-passenger, pro-peller-driven craft, wearing the colours of the country's national carrier
      Reuter  -  282 words
    • 239 50 Reuter HONGKONG Hongkong's Provisional Airport Authority needs more leeway from the government to ensure the multi-billion-dollar project is commercially viable, said the authority's legal director, Geoffrey Lewis. Greater independence in decision-making would help the body with the complexities of international tendering and
      Reuter  -  239 words
  • Page 33 Advertisements
    • 20 33 Umm aid MrvtcM rtfrmaM ky Mwiw <1 the R«fhtr> «f Accredited [!M2Ssl> /•Vv advertising enquiries, contact Shipping limes lei 740-2(m/7411-2(m
      20 words
    • 190 33 I 1 TEL: 861 471 I FAX: £6'l 47) 1 I Rent mumps I I International I I Shipping system I 1 NOW At NO-RISK! I I Full installation refund I 1 within the first 4 weeks I I if the I 1 Documentation System I 1 module does not
      190 words
    • 30 33 Contaner SdwMt 17 MyFn** 2 Info to Mvertaers 1 Shppmg Gud* 18,11 Stops m Port 17 Support Trte* 17 Transport Oary 3 Weather and Sw Contents 17 We** Fie** 2
      30 words


  • Page 35 Advertisements
    • 2212 35 OOCL (S) PTE LTD JARO4NE SHIPPING AGENCIES TEL *****11 FAX *****09 \llfWW BOOKINGS TEL: *****34 320QPS8 Vfnfia TERMINAL/CFS TEL *****18-220 I^COOfia'l PESAKA JAROINE SHIPPING AGENCIES SON. BHD i VHOf J PORT KtLANG TEL: *****18 FAX *****91 /*****88 r* —JZ PENANG TEL: *****4 FAX *****1 CFS TEL *****6 Dedicated to Quality
      2,212 words
    • 1820 35 TRANSPORT DIARY j l>ec 3-5: Mari-thcm 91 Conference in Cologne, (icrmany. Organised by Pctamga\ Maritime Services. lor further enqui- j ries. Tel: 223-61 IX. 223-9108 or lax: 223-9929. 223-9387. Dec 3-7: Marmti-c China 91. organiM.il by Sea trade at Shangj hai Exhibition Centre. Shanghai. Peoples Republic of China 1992 Feb
      1,820 words
    • 1521 35 ■Biwrnq i WEEKLY SAILIN6S TO MIDDLE EAST TREIN MAERSK ¥.9119 ETA SIN 28/11/91 Vmml Voy ETA I ETO Feeder by DESTINATIONS World Lynx/ Johanna to Thtt week Marin Maerak 9202 MB—»MI—I—WW——tWMB CV 3/12 (MOO HRS CFS 2/12 2350 HRS Katang Penang OAK LOB HOU MEM ATL MIA CMS BAL PHI
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  • Page 36 Advertisements
    • 1029 36 I ROTTEDAM/I VOY NO S PORE SOUTHAMPTON HAMBURG ANTWERP LE HAVRE KASUGA I 18/147 28/11 21/12 17/12 10/12 DRESDEN EXPRESS 02/347 1/12 18/12 20/12 23/12 StOU KAMAKURA 20/148 5/12 28/12 26/12 23/12 MONTE ROSA 16/348 8/12 30/12 28/12 26/12 ELBE 08/149 12/12 4/1 2/1 30/12 JWWIMM fcTWJS LEVERKUSEN EXPRESS 04/349
      1,029 words
    • 758 36 SEASPAC SERVICE MttCT SOUTH PACFIC SERVICE *V SIN NOU SUV PPT V IMPERIAL 2901E8 IN PT 12/12 15/12 21/12 ALSO ACCEPTING CARGO VIA SUVA TO LAUTOKA. PAGO PAGO. APIA i NUKUALOAFA DIRECT CMLE/ SOUTH AMERICAN SERVICE SIN lOQ ANF VAP CLX IMPERIAL 2901E8 IN PT 3/1 5/1 11/1 12/1 ALSO
      758 words
    • 1539 36 ESS &MMS HMI REGULAR INDEPENDENT FULL CONTAINER SERVICE M/EsTB6und EUROPE VSL/VOT SM ALG BCL HAM BRE ROT ANT FEL LHA (VIA (VM (VM ALG) HAM) ROT) CHMA SEA 138R 02/12 22/12 24/12 27/12 29/12 28/12 30/12 29/12 30/12 NORASIA SINGA 9139 3 08/12 29/12 31/12 04/01 06/01 05/01 07/01 06/01
      1,539 words

  • Page 37 Advertisements
    • 2034 37 SggSteanlers Maritime Holdings Ltd p&O I Wk STRAITS SHIPPING! Containers BjgZgrJlZl'**™ M* Uf KKonf #F*l i pmt Alf Sou Ant Ret Hkf If BE MAERS 9114 72/11 24/11 24/11 27/11 12/12 15/12 U/12 11/12 ACCEPTS OIK SttS TAME BAY 05/1 21/11 24/11 12/12 11/12 21/12 23/12 CARCO IMDOE MKRM 1114
      2,034 words
    • 2060 37 EEBSUII TO: U.3.A7PANAMA FM: U.S.A./PANAMA lIML/WT OA* LCI C«l fW W WW NTC *MR./WT «C W IB OH 9 CHOTANG GIANT EFMI 2/12 »/12 2«/12 4/1 9/1 11/1 12/1 lATAN SfNATO* NAI4O ID, 10 11/10 11/10 11/10 27/10 21/10 27/11 D» SENATOR EF2O2 7/12 11/12 1/1 10/1 14/1 IJ/1 17/1
      2,060 words
    • 421 37 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO i HEAVY UFTS wssa wot I v pSi pic H5 sou want 73 "55 COSMK MMTE* 4 SJ> 1 1 cosmc trmxr li "So im 1 sou m. Is "55 ITrf 1 1 mm moon lj "So mpt 5 KOOWI 1 1/12 T
      421 words

  • Page 38 Advertisements
    • 534 38 CR NBR **********0-0 EXPRESS SEMI-CONTAINERSHIP SERVICE TO EUROPE VS./VOY I STORE HMM/MMM H'BURG BREMEN ANTWERP SRMMH/33M 13/12 13/1 17/1 22/1 25/1 KUTM/24M 31/12 4/2 9/2 13/2 IJ/2 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAMERISED CARGO Sublet to MucanwnL Also acc«pttng cargo to Casablanca, Nit SaM, Port Muandrla, Gonoa, Trtoato. ALSO ACCEPTING BOTH
      534 words
    • 1343 38 @HANJIN SHIPPING FDR VSL I SM I LME HAUL LGB OAK FOR VSL SN LME HAUL SAV IM NTC HANJIN LE HAVRE 015E 2/12 OHECT 22/12 26/12 FISHGUARD BAY 10CN 2/12 H. ROH 034E 9/1 11/ I 12/1 HANJN ELIZAKTO WIS 9/ WECT 29 12 30 12 HANAN OEM 07CC
      1,343 words
    • 1334 38 tfSS9T3Vi d-1 rl -T3"=P"^^ Im *e is nc u WT OB Kt H no uu Q8 w NTC LtN m n nf n m w KP I i growth k aja 27/1121/11 i/u 4/12 i/12 1/1211,12 12/12 11/12 u/12 11/12 27/12 1/1 11/1 12/1 21/1 22/1 21/1 m/i »/i sn
      1,334 words

  • Page 39 Advertisements
    • 1331 39 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL *****77 ICR NO: **********0E) HvSSml NEPTUNEUNKTEL *****00 UK/EUROPE SERVICE *****19 USA SERVICE- *****16 ND^AKSERV CE =*****18 FAR EAST SERVICE i *****& BR *****22 DOCUMENTATION DEPT *****44/*****14 CPS-' MM IMPORT *****369/*****60 CPS: MB2 EXPORT *****63/*****04 iHF flfer NEPUNE SDN BHD MALAYSIA 04 363 70 *****4
      1,331 words
    • 489 39 4 Int. Multi-Modal Forwarder a SEAFRBGHT BOOtONGS: 222 €717 FASTBW fIW J, CZECHOSLOVAKIA 2/12 N Jin HUNGARY 2/12 V JOJABAY 30/ ROMANIA 2/12 30/11 YUGOSLAVIA 2/12 SATONG 3/2 BULGARIA 2/12 ™NG 3/12 amon must ANTWFRP o/io KAOHSIUNG 5/12 Sen 2/2 keelung 5/12 HAMBURG 2/12 KONG 2/12 LEHARVE/LONDON 2/12 J™' 1
      489 words
    • 1004 39 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****59 (FESCO LINE) ENQUIRIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) FULL CONTAINERSHIP SERVICES EASTBOUW-OCCHWCWG NESTBOIBP-LQMM6 TKIBWfH) VIA BOTTHPAM ww hm ww m hh wc n> it mot aa kwl
      1,004 words

  • Page 40 Advertisements
    • 1540 40 K AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD (CR No: **********0 M) W W V7I TEL: *****77 TELEX: KAWAKIRS23I6S FAX: *****07/8/9 I |%l M MALAYSIA: *K'LINE MARITIME (MALAYSIA) SON BHO I AVb **JL JL JLIi TEL SA *****00 PK *****01/5 PENANG *****0 JB *****1 ■■■■I KAWASAKI KISEN KAISHA, LTD INDONESIA: P.T.
      1,540 words
    • 1283 40 @3 PHILI-OM€NT UN€S PT€ LTD i 108 Robinson Road #07*00 GMG Building Singapore 0106 Tel: *****22/*****69/*****00 Tatax: RS ***** PHIU FAX: *****76/*****38 by air, land or sea.... WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION 5 DEC DUBAI. OAMMAN. SHARJAH. DOHA. I 2 DEC \f2^COUVER°S^WE^ERhTON
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  • Page 41 Advertisements
    • 1097 41 PACIFIC INTERNATIONAL LINES (PTE) LTD 5 gg:g I m m fli P,L Building. 140 Cecil Street #0300. Singapore 0106. 1 JAKARTA 1 BANGKOK H VESSEL VOV SIN JKT SIN VESSEL VOY SIN BKK SIN BUNOA TERATAI 493 1/12 3/12 S/12 PEQASUS PROGRESS 004N 2S/11 2/12 0/12 EOEN 491 3/12 S/12
      1,097 words
    • 1087 41 BEN LINE CONTAINERS LTD 200 Cantonment Road Tel: *****22 #13-05 Southpoint Fax: *****63 I Singapore 0208. Telex: RS ***** VESSEL VOY NOS SPORE LEHAVRE ROTTERDAM SHAMPTON~| HAMBURG GOTHENBURG FRANCE HOLLAND UK GERMANY/SCAN SWEDEN CGM Paris f 426 28/ It 20/12 22/12 Bunga Sofia' 438 5/12 22/12 23/12 25/12 26/12 NedMoyd
      1,087 words
    • 475 41 M MYANMA \flßk FIVE STAR LINE w (Myanmar National Una) Loading for Yanf on (Rangoon) S'pore P.KIC P* n P.Gdf HPA-AN *170* 3/S D«c PWYA VUSW 1/3 Ok 27/30 DM PAGAN VI7CN 3/5 Dm PATHEM 5/7 Dm THE BANK LINE (A nnrtc* of Andrew Weir Shipping) Vi SEMI-CONTAINER SERVICE HEAVY
      475 words


  • Page 43 Advertisements
    • 686 43 r ScanDutehtt TO EUROPE (WORTH CONTINENT-UK-SCANDINAVIA) WEEKLY r*? 1 FJtLAMQ WMAHO OC*AM WMP. WW LI HAVW(I) WPAMffI Q-HAMPTOHO) tfUHO(4> IWUM 5 if*!*{l S" wu wu wu wu csm **/«a a/u 20/12 a/12 _1' LL SmM/« Jhn 24/11 a/U a/11 21/11 a Surit/43* J/12 2J/U 24/12 5- £3*£- 5T 2'! 1
      686 words
    • 634 43 NedHoyd MEDLLOYD MEDITERRANEAN NedHoyd Lirra SERVICE OFFERS YOU 18 DAYS TO LIMASSOL I mrzEMJumffiH WSSEL Jkt M| *f«« *ikk &> SThji Auckland Hp(A) nrtiniiMifni Tanarn IjTWlaifin Dawdtafß) Ma WaMan(C) Tavanga N Rotterdam/9128S 23/11 26/11 20/11 25/11 MPT 30/11 13/12 20/12 14/12 16/12 17/12 17/12 18/12 19/12 20/12 N Rouen/9129S 2/12
      634 words

  • Page 44 Advertisements
    • 799 44 E TO AUSTRALIA/NEW ZEALAND [*> |fr»m |kfc» [JH Auc* |NFf |P CHMM am mk m z/iz "17IF u/iz TiTIF zs/iz n/12 »/u 29/12 "171 »/i is/i li/I c man w 7/1 u/i 19/1 23/1 »/i il/i witkuhii 20s i»7i «/2 71/2~~ Ts/z «75 zi/z TO USA/CANADA "I [tti |UI Part
      799 words
    • 857 44 I lii i iii iM EXPORTS TO HONGKONG, TAIWAN, MANIA I JAPAN TWICE WEEKLY" MALACCA STRAITS SERVICE OUTBOUND VOY «L FEN *7 SM IM HKG KAO REE TYO SMZ NGO KOO VESSEL VOV |SM |FKL PEN BIN SM T» CHORUS 268 26 11 2911 312 512 1012 Ul2 1212 ACI
      857 words
    • 214 44 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD n« n* n« VOK ran ROME KNME OUI MK 1/12 to*dinj tor Male OUVAI HUDHJ 2/12 loadini tor C*cutta MWON 8/12 lO4dM( Foe Male nana amc 5/12 Loadii* For Male 00NAKUU0 M PORT loaded For Fekwaru iwnis mrr 20/11 s*m Loading tor
      214 words
    • 1613 44 CHINA OCEAN SHIPPING COMPANY FULL CONTAIN KB LINES SERVICE atwTcHwo stvraK SON BHD EHm PTttOeTpUTKA WTVURiRSi SS PTE LTD JioiEsSmmhSSe PENANG TEL (***** TLX MA ***** TELEX: RS 2U30/1 COSMP K1 TfL (M1)3H(37. XI *4 GUAM GUAN SHIPPING SON BHD tu iJui'eonco m P.KLANG TEL: 3M92M/7, 3(***** Jmn NX): LIU
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  • Page 45 Advertisements
    • 608 45 (fe FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LINE *****33 24 LINES LIMASSOL/PIREAUS 1/12 ROTTERDAM 2/12 HAIFA/ ASHDOD/ALEXANDRIA 1/12 HAMBURG/BREMEN 2/12 MARSEILLE/FRANCE 1/12 FELIXSTOWE/UK 2/12 BARCELONA/SPAIN 1/12 LEHAVRE/ANTWERP 2/12 GENOA/ITALY 30/11 GOTHENBURG/SCANDINAVIA 2/12 LOS ANGELES/WC/W 2/12 SYDNEY/MELBOURNE 30/TI HEW YORK/EC 2/12 FREMANTLE 30/11 VANCOUVER 2/12
      608 words
    • 1433 45 S RICHFIELD MARINE AGENCIES (S) PTE LTD TEL: *****33 (12 Uhm) m FAX: ***** IS/*****03 P3 TELEX: RS ***** RISHIP (3 Unta) W\ ETHIOPIA)! BWPPM6 UNES r (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VFSSFL |VOY ETA I LOADING FOR SPORF ANDINET ?SWB 21/12 OARfSSALAAM MOMBASA OJIOOUTI ASSAB MASSAWA
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    • 355 45 &aajgaa mST VBL VOY SINGAPORE MADRAS SINGAPORE VESSEL VOY SM MM SM TIGER SIM ICON 28-29/11 05-07/12 13-14/12 TIGER BRDGE 181N 03-04/12 11-13/12 19-20/12 TIGER SHARK 04N 10-11/12 17-19/12 25-20/12 VSL VOY BMGAPORE/CALCUTTA/BMGAPORE VESSEL VOY SM CM. SM LMOTSC 412 SM 04-00/12 14-15/12 TIGER RIVER 140CNB 04-05/12 11-15/12 21-22/12 EAGLE
      355 words

  • Page 46 Advertisements
    • 1118 46 S'PORE IMPORT: *****02 j PENANG: (04) *****6 SIBU: (084) *****9 KK: (088 *****0 TAWAU: (089) *****9 P.KELANG: (03) *****77 JAKARTA: (21) *****32 KUCHING: (082) *****3 SURABAYA: (31) *****0 PK SIN Colombo 29/11 30/11 1/12 3/11 4/11 5/11 Ldn/Fh/Rdm/Ant Durban/Pt Louis 1/12 2/12 3/12 3/12 4/12 512 Gothenbur|/Stockholm/Orio n Klant 29/11
      1,118 words
    • 385 46 tefc BLUE star line TO FROM MEW ZEALAND AND T/S TO FIJI TO AND FROM NEW ZEALAND PORTS SM NFI AKL IT? SM MUUKM 24S 11/12 23/12 VU NPI 25/12 11/1 MAKSUKI 0510 2C/12 S/l VU NPI >/l 25/1 ntosrccT its «/i is/i vu npi is/i 4/2 FULLY CONTAINERISED SAILINGS
      385 words
    • 1160 46 I THONG SOON LINES PTE. LTV. 77 ROBINSON ROAD #15-00, #16-00 SIA BUILDING SINGAPORE 0101 TEL: *****81 FAX NO: *****11, *****22 TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO CONVENTION AL/COMTAllglt'jl |j^| SINGAPORE TO WEST MALAYSIA SINGAPORE TO WEST MALAYSIA vessel \m Ina list rasa. wi sw» \r.wam KIM
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  • Page 47 Advertisements
    • 830 47 \K^^^COMPANIi^ERUAN!^^^ v66X oe vapores "PERUVIAN STATE LINE" ACCEPTMG BREAKBULK/FCL/SOC CARGOES TO/FROM CALLAO. MATARAM, ILO* 1 OTHER PERUVIAN PORTS* WITH T/S AT KOBE ON CPV THROUGH BILL OF LADING. Ptnanc* P. Kelang Sm|apori E'Msia SHAPUEVCTfTT 04/05 Dtc 06/07 0«c KMMLEVEKTT 23/24 Dec 25/2S Dec 29/30 Dec KMMCVCKTT 10/11 lan 12/13 Jan
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    • 465 47 Iczjz I Mbs3 N.AMERICA/CARRIBEAN SERVICES KSSEI Ivor Ism Eiawlmea [lax Ikst [sav [hyc fcri 2MHAVA 70E 21/11 2N HONGKONG 3/1 13/1 17/1 11/1 21/1 BN GENOA 117E 7/12 ZM HONGKONG 3/1 13/1 17/1 11/1 21/1 M ALEIAMMIA ME 14/12 2M KEELUNG 15/1 25/1 29/1 31/1 2/2 c»l* 1» MMd USA
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    • 590 47 MIDDLE-EAST/PERSIAN GULF ACCEPTINO FCL/LCL DUBAI DAMMAN SHARIAH DOHA. MUSCAT BAHRAIN ABU DHABI BANDAR ABBAS lEDDAH FAR EAST ACCEPTING FCL/LCL PENANG P/KUANC. IAKARIA BANGKOK HONG KONG. TAIWAN JAPAN MANILA KOREA UK/EUROPE ACCEPTING FCL/LCL LONDON FELIXSTOWE LEEDS TILBURY ABEROEEN LE HARVE HAMBURG ROTTERDAM. ANTWEP GOTHENBURG COPENHAGEN ALL OTHER EUROPEAN PORTS INDIAN SUB-CONTINENT
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    • 428 47 PERINTIS LINE I ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE JAKARTA SURABAYA VESSEL VOY SIN JKT SBY DASA LIMA 938 IN PORT 30/11 PELOPOR 1016 30/12 03/12 DASA ENAM 904 03/12 06/12 TANTO UTAMA 209 26/11 29/11 BON TANG PACIFIC :2B 28/11 01/12 TANTO UTAMA 211 29/11 02/12 BONTANG PACIFIC 138
      428 words
    • 420 47 SIN FM EAST 2/12 KEELUNG/KAOHSIUNG 30/11 BANGKOK 30/11 MANILA/CEBU 3/12 JAKARTA/BEL AWAN/SURABAYA 1/12 PORT KELANG/PENANG/E. Malaysia 2/12 BUSAN 1/12 TOKYO/YOKO/KOBE/NGO/OSA 2/12 HONG KONG SIN CNjM 2/12 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo SIN EMOft/lIK 3/12 LDN/FLX/LVP/SOU 3/12 RDM/HAM/ANT/LE HAVRE/GENOA/OSLO also accepting cargo to Austria/ Hungary/Roumama/Poland/Bulgaria/Czech. SIM USH/CANNM 3/12
      420 words

  • Page 48 Advertisements
    • 912 48 JE'/# FIL CONTAINER SERVICES PTE LTD MADRAS CALCUnA BANGKOK V»L SIN/MADRAS VBL SIN/CALCUTTA VBL BIW/BAWOKOK SIN MM SM SIN CM. SM Mil NDI MMLttli Sid 01-03/12 00-10/12 NOT AMIABLE In tat 04-01/12 14-15/12 Nil! AMIABLE mft 30 Nm 21-29/11 05-07/12 13-14/12 04-05/12 11-15/12 21 22/12 20 N«w 3Ok 04 05/12
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    • 538 48 W-nomerml CONTERM FREIGHT (F.E.) PTE LTD. GUARANTEED WEEKLY CONSOLIDATION AUCKLAND GOTO RATES FAST TMNSIT ALSO ACCEPT* CAWOCS TO: WELLINGTON. NEW PLYMOUTH, NAP«, HAMTTON CHRISTCHURCH, LYTTUTON, DUNEOM. PORT CHALMERS. PORT VESSEL ETA KST BANGKOK CON TERM INGENUITY 01/12 0«/12 JAKARTA CONTERM EDEN 03/12 10/12 PENANG CONTERM N. BHUM 03/12 10/12 PORT
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    • 535 48 CUJI COniURV >|* I HHI U SA' I I I Hjm ft maintains over 36,000 tractor* A trucks. V ■II &1 1 MQUff 9orvico9 vm 60,000 poin* in USA VIW CUM o,tef r»SaWe LCL/FCL services. X. Ganaral Agants: 7BAMS~L/AOC PENANG— KL: allied-link SINGAPORE: W 04-*****2 03-*****55 778 9922 m liwesi
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    • 412 48 BHD' MANILA ETA VIGOOK SINGAPORE 14NB 30/11 VIGOUR PACIFIC 51NB 7/12 BANGKOK 30/11 7/12 BUSAN 2/12 9/12 HONGKONG 29/11 7/12 DURBAN PT LOUIS 1/12 U/12 KEELUNG 2/12 9/12 USA 2/12 9/12 PT KELANG 29/11 3/12 KOBE 3/12 10/12 PIRAEUS 10/12 18/12 OSAKA 30/11 7/12 JAKARTA 29/11 3/12 DUBAI 2/12 11/12
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  • Page 49 Advertisements
    • 46 49 I < S < 4 s .f, '-'.l-'' ■t .i: y*" ."5 -i. j aguide to" ~v y •V; 4 x |ii|restingf|ii? the Stock y. I* v•« :-?*<* J y c.A.; -;--4 Market. Every :"••>•<'• >• :I»V v* l<4. v Saturday in "V r ,V > -j'X Business -v: v
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    • 292 49 vQc vO c vOc vO c vO c vO c vQc U VAN OMMEREN CETECO GROUP U > TRANSPORT DIVISION > VOTAINER CONSOLIDATION SERVICES: n THE ONLY CONSOUOHWWWWOBLDWIDE NETWORK J WeeWy FCtACL Sendees W > USA EUROPE FAR EAST > Battmor*VotainerConsolidationServices Jg|Mwg:VanOmmerenHamburgGmbH. mfam:vanOmnwenShipping(S)PtoLkL U Boston: Boston ConsoMalon Services. .r ttmm.
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  • Page 49 Miscellaneous
    • 306 49 TIDES AND WEATHER TODAY'S TIDES (height in metres) HOIIOOOO 0100 0200 0300 0400 0500 0(00 *****100 0m ******************** *****M*****1M***** 2000 2100 2200 2300 1.3 19 2.3 25 25 22 19 1.5 1.3 1.2 14 1 7 22 28 31 3.2 29 25 19 1.3 09 07 06 06 PP 12
      306 words

  • Page 50 Advertisements
    • 775 50 CHARTPOINT Every Saturday in Business Times HYUNDAI MERCHANT MARME CO. LTD. EABTBOUNP FEEDER TO PACIFIC SOUTH-WEST TO PACIFIC WORTH-WEST FHDH WW WD WE SH UNt HAUL Wl IMI Li OIK It Ml* DOT W6 TCM/gA PTL MM HM Ml M 37 25/11 2S/11 It/11 H. COMMANDO) 30C Oi/12 23/12 21/12
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    • 144 50 rsmssm CONTAIO SERVICE 2 SAM.WGS/WEEKLY Sfl/PASH GUDANC/SX VESSEL Sm PG SIN SEA ADMIRAL V PGOI6 1/12 3/12 3/12 SEA ADMIRAL V.PGOI7 7/12 7/12 8/12 VESSEL SIN MADRAS 0 FAITH 911W 1/12 9/12 0. EXPRESS 144W 11/12 18/12 CONVENTIONAL SERVICE VESSEL ETA SIN PORTS "BRITT ANN" 30/11 PANJANG/PK. BALAM "MACO ARABICA"
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    • 539 50 CHARTPOINT Every Saturday in Business Times 1 jtr M THE^ TOTAL TRANSPORTATION ***«> s* R*l»t*«C*rtO f'H'l* ...LAND...SEA...AIR THE VISA SERVICES H Hi Q 881 MnMUTKMM. GMOUPME DOMESTK CUSTOMS CUMMCi men cmoumton tumsportatmm services FMWMNOERS yM Li] M OrCMTNM PMUECT CMMMMI THE TOTAL TRANSPORTATION PEOPLE DIRECT ■POKING S« VICES CO-LOADING SERVICES
      539 words